Gold(
XAUUSD) is moving in the Resistance zone($2,743-$2,700), near the Upper line of the Ascending Channel and near the Important Resistance lines.
According to the theory of Elliott waves, Gold seems to have succeeded in completing microwave 5 of microwave c of the main wave Y. If the Uptrend lines break, we can confirm the end of wave 5.
Also, we can see the Regular Divergence(RD-) between Consecutive Peaks (Clear RD- in all indicators).
I expect Gold to drop at least $2,710 in the coming hours after the breaking of the Uptrend lines. The next target can be $2,701, and if the lower line of the ascending channel breaks, we can hope for the breaking of the Support zone($2,697-$2,689).
If you want to see my analysis on the 4-hour time frame, take a look at the post I published on January 16, 2025.
Note: If Gold goes above $2,750, we should expect more Gold increase and a new All-Time High (ATH) for Gold.
Be sure to follow the updated ideas.
Gold Analyze ( XAUUSD ), 1-hour time frame.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
XAUUSD) is moving in the Resistance zone($2,743-$2,700), near the Upper line of the Ascending Channel and near the Important Resistance lines.According to the theory of Elliott waves, Gold seems to have succeeded in completing microwave 5 of microwave c of the main wave Y. If the Uptrend lines break, we can confirm the end of wave 5.
Also, we can see the Regular Divergence(RD-) between Consecutive Peaks (Clear RD- in all indicators).
I expect Gold to drop at least $2,710 in the coming hours after the breaking of the Uptrend lines. The next target can be $2,701, and if the lower line of the ascending channel breaks, we can hope for the breaking of the Support zone($2,697-$2,689).
If you want to see my analysis on the 4-hour time frame, take a look at the post I published on January 16, 2025.
Note: If Gold goes above $2,750, we should expect more Gold increase and a new All-Time High (ATH) for Gold.
Be sure to follow the updated ideas.
Gold Analyze ( XAUUSD ), 1-hour time frame.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Uwaga
My short position:
XAUUSD
Position: Short
Entry Point: 2737.700 USD (Limit Order)
Stop Loss: 2753.000 USD
Take Profits:
2712.013 USD
Risk-To-Reward: 1.68
Please don't forget to follow capital management ⚠️
Please pay attention to the style of opening the position.⚠️
Zlecenie aktywne
Trade was activated.Transakcja zakończona: osiągnięto poziom stop
Stop Loss was touched.Trump's speech and the announcement of the Unemployment Claims index could show whether gold will see a new All-Time High (ATH) or not.
🚀 Up to 75% Trading Fee Rebates Across 20+ Exchanges:
🤖 t.me/Protrader365bot
-----
🎁 Free VIP Forex and Crypto Signals, please visit:
🔗 t.me/ProTrader_365
🤖 t.me/Protrader365bot
-----
🎁 Free VIP Forex and Crypto Signals, please visit:
🔗 t.me/ProTrader_365
Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.
🚀 Up to 75% Trading Fee Rebates Across 20+ Exchanges:
🤖 t.me/Protrader365bot
-----
🎁 Free VIP Forex and Crypto Signals, please visit:
🔗 t.me/ProTrader_365
🤖 t.me/Protrader365bot
-----
🎁 Free VIP Forex and Crypto Signals, please visit:
🔗 t.me/ProTrader_365
Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.